Sterling Organization Sells 103,000 SF Shopping Center in San Antonio for $21.9M

SAN ANTONIO — Sterling Organization, a Palm Beach, Fla.-based private equity firm, has sold Grandview Shopping Center, a 103,000-square-foot, grocery-anchored shopping center in San Antonio for $21.9 million. Anchored by Sprouts Farmers Market, the center is located along Interstate 10 at Callaghan Road, just north of the Loop 410 interchange. The company originally acquired the asset in 2012 for roughly $11.1 million. The buyer was not disclosed.

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